Goldman Sachs analyst argues that central banks should print even more money as one commentator slam “illegal” moves by the Federal Reserve. Bitcoin (BTC) and gold are fast becoming the safe-haven assets of choice as new data predicts that advanced economies will shrink 35% in Q2. According to annualized figures from Goldman Sachs quoted by […]
Continue Reading
A 61-year-old who sold oxycodone on the Silk Road in 2012 has had his request for a compassionate release amid the COVID-19 pandemic rejected. Court filings show that New York federal judge Jed Rakoff has rejected the request of a 61-year-old toy merchant-turned Silk Road vendor for a compassionate release amid the coronavirus pandemic that […]
Continue Reading
Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. Major cryptocurrency exchange Binance is deepening its presence in two major emerging markets, India and Indonesia. In an announcement published on April 14, the exchange revealed that users are now able to trade cryptocurrencies peer-to-peer (P2P) for Indian Rupees […]
Continue Reading
Interest in the forthcoming “halving” event on the Bitcoin blockchain has surged to levels higher than ever seen before. Interest in the forthcoming “halving” event on the Bitcoin (BTC) blockchain has surged to levels higher than ever seen before. Data from Google Trends as of April 14 indicates that this year’s peak of interest in […]
Continue Reading
A stark warning from the banking sector itself comes as Bitcoin recovers from a brief $600 dip, but analysts need to see a higher daily close. Bitcoin (BTC) was aiming for $7,000 on April 14 as a sudden $600 dip gave way to a slow grind upwards as the week began. Cryptocurrency market daily overview. […]
Continue Reading
Writing from prison, Ross Ulbricht predicts the current wave in Bitcoin incited by a price drop under $4,200 could lead to a bear market. Writing from the United States Penitentiary Tucson, Ross Ulbricht sees Bitcoin (BTC) getting closer to the bears as a possibility for 2020. Posting to his personal Medium account on April 12, […]
Continue Reading
A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities. A kind of ransomware — a malware that encrypts user data and asks for a ransom to restore access to it — switched from Bitcoin (BTC) to Monero (XMR) to better protect the hackers’ identities. According to an April 11 report […]
Continue Reading
New Zealand police flag fraudsters threatening victims with the release of sensitive information about porn consumption if they don’t pay ransom in BTC. New Zealand police issued an alert on April 13 regarding a crypto-related scam that threatens victims with release of information on their porn use. According to a report published in the NZ […]
Continue Reading
Most major cryptocurrencies are attempting to bounce off their immediate support levels, which is a huge positive as it suggests buying on dips. Famed investor Mike Novogratz believes that additional crypto adoption and more drastic central bank actions will benefit Bitcoin. The Galaxy Digital CEO said that hedge funds and high-net worth individuals have been […]
Continue Reading
Different vectors of development within the crypto industry have led to the emergence of stablecoins, which could be the most usable type of money in the future. Cryptocurrency was invented and designed to provide numerous benefits for global private and institutional clients, to free people from the burden of banking systems and to create a […]
Continue Reading